Mortgage Originations Fall to 20-Year Low
In Q1 2023, 1.25 million mortgages secured by residential properties (1 to 4 units) were originated, down 19% from Q4 ...
Tag: Mortgage Industry
Mortgage Mix: Modest Decline in Rates and Applications
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Delinquencies Hit All-Time Low in March
For the month of March, 2.6% of all mortgages were in some stage of delinquency, a 0.3 percentage point decrease ...
Mortgage Rates Jump to Highest Point Since November
The 30-year fixed-rate mortgage (FRM) averaged 6.79% this week, up from 6.57% last week. This is according to the latest ...
Third Straight Week of Mortgage Application Decreases
Mortgage applications dipped again this week, down 3.7%, from last week’s 4.6% decrease, the third straight week of decreases, according ...
Mortgage Mix: Debt-Ceiling Uncertainty Influences Mortgage Market
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates Increase for Second Week in a Row
The 30-year fixed-rate mortgage (FRM) averaged 6.57% this week, up from 6.39% last week, to where it returned after a ...
Mortgage Applications Decrease for Second Straight Week
Mortgage applications decreased for the second week in a row, down 4.6% from a decrease of 5.7% the previous week, ...
NAR President Testifies Before Congressional Panel About New Mortgage Fees
In response to the controversial new loan level pricing adjustments (LLPA) announced by the Federal Housing Finance Agency’s (FHFA), National ...
Mortgage Mix: Challenges Persist as 30-Year Rates Climb Slightly
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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